Bitcoin Holdings Soar: Metaplanet Boosts Treasury with Major Acquisition

A significant development in the world of cryptocurrency treasuries, Metaplanet Inc. has announced a major acquisition that boosts its Bitcoin holdings.

Metaplanet Adds 696 Bitcoin to Treasury

Metaplanet Inc., a Tokyo-based firm, announced on Tuesday that it had acquired an additional 696 Bitcoin, bringing its total holdings to 4,046 BTC. The purchase was made through the company’s Bitcoin Income Generation business line using proceeds from previously sold cash-secured put options. The average acquisition price for the latest tranche was ¥12,943,181. Firms may need to revise risk and accounting models as digital assets become central to treasury management. Integrating Bitcoin can reshape corporate governance and investor reporting, demanding greater transparency. Such strategies may influence market sentiment and redefine how credit and valuation metrics account for digital assets.

April 5 Could Be A Game-Changer For Bitcoin

The US Department of the Treasury and other federal agencies are expected to disclose their holdings of Bitcoin (BTC) on April 5. This stems from President Donald Trump’s executive order on March 6, which called for the formation of a Strategic Bitcoin Reserve (SBR) and a broader Digital Asset Stockpile. All federal agencies must submit their digital asset holdings to the Treasury Secretary within 30 days of the order. The SBR will hold Bitcoin acquired through criminal or civil forfeiture with a mandate not to sell the BTC, akin to a “digital Fort Knox” for long-term value.

Standard Chartered Signals Bitcoin’s Growing Role as an Inflation Hedge

Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, shared that the trend of using Bitcoin as an inflation hedge is increasing. Since the approval of Bitcoin ETFs, BTC has been increasingly integrated with traditional finance and is highly correlated with the NASDAQ in the short term.

$9.41 Billion In Bitcoin Shorts At Risk Of Liquidation If Price Hits $90,000

The crypto market is on high alert as a potential surge in the Bitcoin price could trigger massive liquidations. Data suggests that $9.41 billion worth of short positions could be wiped out if Bitcoin reaches the $90,000 mark. According to crypto analyst Seth, a significant buildup of short positions could lead to a short squeeze if BTC continues to trade upwards.

Short-Term Bitcoin Holders Stay Put Despite Losses

According to a recent CryptoQuant Quicktake post, short-term Bitcoin (BTC) holders are choosing to retain their digital assets despite incurring unrealized losses. CryptoQuant contributor Onchained explained that short-term BTC holders have recorded significantly lower realized losses compared to their unrealized losses. The first quarter of 2025 has seen high price volatility in the cryptocurrency market, with BTC dropping from approximately $97,000 on January 1 to around $83,000 at the time of writing, reflecting a decline of more than 15%. Despite this price pullback, short-term BTC holders continue to hold onto their assets instead of selling at a loss.